Wednesday, January 6, 2021

IDFC First Bank records healthy deposit accretion, but credit growth remains flat

Out of this retail deposits a combination of current, saving accounts and term deposits increased to Rs 58,435 crore at the end of the December quarter versus Rs. 29,267 crore as on 31 December 2019, registering a 100% growth. This was Rs 49,610 crore at the end of the September quarter clocking a sequential growth of 18%.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/idfc-first-bank-records-healthy-deposit-accretion-but-credit-growth-remains-flat/articleshow/80135138.cms

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